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Category Archives: auto news
Le Mans – Ferrari, Corvette, Victorious in Rain
As always, rain induced carnage worked its way with hapless drivers making the outcome somewhat random with roughly one-third of the race run under yellow flags with its innovative five separate safety cars deployed by class. There was a record 16-car hypercar field with competitors from Cadillac,* Ferrari, Peugeot and Porsche. These race cars are now clearly as complex, exciting and as expensive as Formula One cars. Continue reading
Ford To Run Mustangs in GT3 and GTD Next Year
The Ford Mustang GT3 race car, based on the new 2024 Mustang Dark Horse, was unveiled today during the centenary celebration on the eve of the 24 Hours of Le Mans. With the reveal, Ford is trying to enter Mustang into the global FIA GT3 racing category, subject to FIA approval. Ford’s last victory at the 24 Hours of Le Mans was in 2016 with the Ford GT. Ford showed a new global Ford Performance branding that will now be used on all its racing vehicles. Continue reading
Posted in news analysis
Tagged auto industry commentary, autoinformed.com, endurance racing, fia, Jim Farley, Ken Zino, le mans, Mustang GT3
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Toyota to Build New Auto Battery Lab at Michigan R&D Site
“This new investment in our North American R&D operation, which has been a key pillar of the Michigan automotive industry for more than 50 years, shows Toyota’s directional shift towards electrification for all,” said Shinichi Yasui, executive vice president of Toyota Motor North America (TMNA), Research and Development. Continue reading
Annals of Marketing – Camaro ZL1 Garage 56 Edition
“Even though Chevrolet has been racing since its inception in 1911, we’ve never done anything quite like Garage 56,” said General Motors President Mark Reuss, who in AutoInformed’s direct experience losing to him on a track, is quite an accomplished driver himself. If he can sit through interminable corporate meetings, we bet he could run Le Mans, but he isn’t driving. Continue reading
Stellantis to Buy Back More Shares
Stellantis is one of the world’s leading automakers and a mobility provider. Its brands include Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2Move and Leasys. Stellantis N.V. posted record full year 2022 results with €16.8 billion Net profit and €23.3 billion Adjusted Operating Income (AOI). Stellantis was formed by a merger of FCA and PSA in January of 2021. Continue reading
Ford Reshuffling with Retirements, and a Defection Announced
Ford Motor Company (NYSE: F) said in Dearborn this morning that corporate officers are retiring after three-decade careers, an executive is returning to the auto industry to lead global supply chain operations, and an under warranty new Ford Blue executive is departing to become CEO of a major transportation and logistics business. Continue reading
Penske Automotive Group Buys Transolutions Truck Centers
“We are thrilled to expand our North American presence with the Freightliner, Western Star and Thomas Built Bus brands. For more than 30 years, Transolutions Truck Centers has built a strong legacy of providing quality service to customers across Manitoba,” said Premier Truck Group President Ron Long. Continue reading
Pato O’Ward Fastest in Practice for Chevrolet Detroit Grand Prix
Pato O’Ward was fastest in during Friday practice for Chevrolet Detroit Grand Prix. Continue reading
Posted in people, performance, racing
Tagged 2023 Chevrolet Detroit Grand Prix, auto industry commentary, autoinformed.com, Ken Zino, Pato O’Ward
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GM Expanding Ultium CAM EV Battery Joint Venture
General Motors (NYSE: GM) and POSCO Future M announced today the second phase of their Ultium CAM joint venture, an investment forecast to exceed $1 billion to increase production capacity of Cathode Active Material (CAM) for EV batteries. While CEO Mary Barra admits that GM was slow to embrace EVs, GM is now clearly among the leaders in what is the future of automobility. Today’s announcement is the latest in a series of actions GM has taken to build a more secure EV supply chain. Continue reading
Posted in connected vehicles, electric vehicles, energy, environment, global warming, manufacturing
Tagged auto industry commentary, autoinformed.com, Doug Parks, Ken Zino, POSCO Future M, Ultium batteries, Ultium-based battery electric vehicles, Wallace Battery Cell Innovation Center
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Ford Next with Uber to Offer Drivers Mustang Mach-Es
“We understand uptime and ease of use are critical to every rideshare driver. As more of them make the switch to electric vehicles, we’re building the Ford Drive program around their unique needs,” claimed Bill Knapp, who heads Ford Drive. Continue reading
Stellantis, Vulcan Sign Deal for Renewable Energy at Mulhouse
Mulhouse is where the DS7, Peugeot 308 and e-308, 508, and the new 408 are made. Based on current assumptions, the project could provide a significant portion of the industrial site’s annual energy needs starting in 2026, Stellantis said. It’s the latest move in the Stellantis fight against climate change with its ambitious goal of reaching carbon net zero emissions by 2038, with a 50% reduction by end of this decade. Continue reading
Posted in alternative fuels, electric vehicles, energy, environment, manufacturing, milestones, public health
Tagged Arnaud Deboeuf, auto industry commentary, autoinformed.com, carlos tavares, citroën, FCA and PSA, Francis Wedin, Ken Zino, Mulhouse plant, Peugeot, Upper Rhine Graben, Vulcan Energy
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GM Adding Active Safety Systems to 98% of its 2023 Vehicles
“GM has gone well beyond the safety commitment we made to our customers for the 2023 model year, with a handful of additional standard safety features shown to bring real-world results,” claimed John Capp, director, Vehicle Safety Technology, Strategy and Regulations. “As we look ahead toward a future vision of zero crashes, zero emissions and zero congestion, these technologies are significant building blocks with proven benefits for reducing common crashes.” Continue reading
Buick Teases the 2024 Envision SUV
The Envision is the third of five new vehicles Buick is debuting through 2024. Buick claims it has become the fastest-growing mainstream brand in the US with sales up ~76% through May 2023. In Canada, Envision sales are up ~78.5% through May 2023. The current Envision has achieved its highest ever retail sales over the first half of 2023 and is on track to have its best sales year ever in the US and Canada as North American demand for luxury SUVs continues unabated. Continue reading →